BitPico to Begin Bitcoin Cash Stress Test

'Roger Ver will now cry' BitPico's Twitter account says
27 June 2018   1282

BitPico, which previously carried out a stress test of the Lightning Network, begins to 'attack' Bitcoin Cash (BCH). This is reported by Bitcoinist.

In a series of tweets, which began publication on June 22, the group announced that after testing the Lightning network through a coordinated attack, it intends to do the same for Bitcoin Cash, this time attempting to perform the attack 51%.

The [Bitcoin Cash] attack has been started; it will continue to run as we work to amplify it over the coming months. We expect to have 5000 Bcash attack nodes in roughly 6 weeks and then we will multi-fork the chain. [Roger Ver] will now cry.

BitPico Twitter

BitPico are known as a supporters of the Bitcoin Scaling Solution SegWit2x. After this initiative failed, the group went 'undergroup' and showed itself only in March, when it began to attack the Lightning network.

We are no longer retired from bitcoin; just needed a break. We are bullish and working on the LightningNetwork.

BitPico Twitter

BitPico, who previously won the praise of Andreas Antonopoulos for the free testing of bitcoin technology, intend to put an end to the discussion about the practical applicability of Bitcoin Cash.

We can just mine the transaction ourselves and drop the merchants zero-conf Tx from our stratum backed mempool. We don’t think the [BitcoinCash] people understand how easy it is to bring their network down.

BitPico Twitter

Previously, Bitcoin Cash supporters conducted their own stress test, which was criticized by BitPico for "centralized and controlled and will be faked," they suggested.

Despite the "threats of murder" and curses from Bitcoin Cash fans, BitPico is not going to abandon the attack on the network and plan to create own fork called bitPicoCash.

To organize the attack, a separate repository on GitHub was created, which BitPico promises to begin filling in the near future.

Bitmain to Announce New ASIC Chip

BM1397 chip requires less energy and is able to achieve efficiency at 30J / TH
18 February 2019   389

This Monday, the Chinese mining company Bitmain announced the next-generation 7-nm chip codenamed BM1397, which, according to it surpasses its predecessors in performance and energy efficiency and is suitable for mining cryptocurrencies on the SHA256 algorithm, including Bitcoin and Bitcoin Cash.

The BM1397 chip requires less energy and is able to achieve efficiency at 30J / TH, which is “higher by 28.6% than the previous 7-nm chip from Bitmain”, codenamed BM1391.

BM1397 is manufactured using TSMC, a Taiwan-based semiconductor product company, which is one of the leading suppliers in the cryptocurrency mining industry.

The BM1397 chip will be installed in the new ASIC miners of the Antminer S17 and Antminer T17 models, the release of which Bitmain promises to announce later. The company does not provide other details of the updated devices in its message.